Just talked to EVCC investor relations….

We wanted to talk to them on Monday evening if the results were not out by then. But one of our comment’s made us call them today. Thanks and appreciations to srx.
We just talked again to the investor relations at the Environmental Control Corporation.
The answers have been confident and positive again.

Two questions we asked :
1) When are the results of the test supposed to be announced?
Ans) Sir, The result of the test being done was supposed to be out by this week. It can be out any day now. We are waiting on to deliver everybody a good positive news.

2) Why is Michael Mugford, the director of both EVCC and MGM enterprises selling the stock? (We asked this questio long back, and got ‘Personal reasons’ as answer )
Ans) Michael and most other directors have been working with EVCC without any pay. And moreover the number of shares he has sold doesn’t even account up to be a considerable number considering his huge holding in the company. He has been selling for some confidential and personal reasons. Moreover, MGM has just bought a good bunch of the stock. That should indirectly mean he (being a founder of MGM ) has no negative issues with the test, nor the company. Hope I clarified your question.

Srx I hope that clarifies your question tooo. I don’t know whether the test outcome will be positive or negative, but the company sounds confident, positive and the industry is a booming one - remember based in environmental friendly California.

No Profit or Loss untill u SELL

Alphabetically

EVCC has been flat since we recommended. Though we have to note we dropped down a few more cents. We gladly mention that we have backed up the truck for the coming news and hope you did the same.

GOOG our biggest dollar pick has dipped to 500 as we predicted and we bought a bunch at that price….though we are waiting for another small drop down to the 475 level before it takes off through the earnings report on Jul19th. Even if it doesn’t drop we’ll make it a point to the community to buy a bunch at a consolidated price. Seeing a huge run..Will probably trade if it bounces back at that 526 mark.

MS has given our short position a good run. We will get discover for our Long position soon and are very happy for the return we are getting DFS* is trading much better than expected …BOOYAH

TEXG …the biggest short term gainer. We have already flipped it twice since the recommendation. It makes a great trade. The latest news is that the debt acquisition by Westar will be done as soon as 10 days with a dividend payment (equal to the difference between 6.75 and the price of TEXG !!!!). We talked to somebody from the company and it looks to give us more. We are now more than a few grands. Congratulations for all those who rode with us.

More posts on TEXG:

http://youradu.wordpress.com/2007/06/08/

http://youradu.wordpress.com/2007/06/21/

NMX our much newer buy is still lurking at the same levels. Though the speculation of the sale is still not completely priced in. Bought at $138.

We also bought a few ICE on 18th June at $153.4, taking its aggressive growth and prospects into consideration. (Also the NYX NMX ICE speculation!) BUYING ON A CRAZY DAY PAYS.

HEELYS…yep it paid us off. We initiated another short term position on HEELYS yeesterday…. Looks like we were a bit too fast in the market….The 10% run down in a single day didn’t produce a positive next day. We are down 5% today…but hey That’ll be another buying opppurtunity as we bought only a very small position at 27 and change. Looking to get few more on a bit more drop. Our research tells it’ll bounce back once the addition of the 9 million shares pending completes…(increase in the floatation hmmmm)

Special Mention : trades at 26 and 25 were cancelled.
Good Luck.

*We eat profit for Dinner :o)

This is an update of our recent picks and how they are doing!!!

Google, our costliest in terms on dollar amount pick

Picked on June 5th at 520. Price Target was 500. It still is showing some resilient support around that 513 level. I still reiterate my buying aound 500 or below, but NOT higher.

If you shorted you’ld be making money by now!!! Did you have the guts to short it as I said?!!!

MS : Picked on June 5th at 85.65 Wanted to buy it around 84 - 85 We got that entry on 6th.

Did you buy it around $84.5???
Todays high around $89 (5.3% profit in 4 sessions!!!)

Curent price $88.5 (around 5% profit)

If I were you I won’t dare take profits and play it back again. You may miss the boat that way. Just hold on for the Discover on 20th.

This one is a great winner.

EVCC: This one has dipped. But do we care about the dip? We only care about the news to be released right? We forget this untill we get the news. We have a strategy of taking profits as soon as the news hits the wire at the top price!!!!! Hold on guys.

GS: We called this one on 8th June. We hold on this one until the earnings report due this 14th. And play this out after the earnings ride. GL

TEXG: Our winner. Hope you get some of these before 21st June. The day when Westar is going to consider your holding to mint you MAD MONEY!!! Aaaahhhh What a day ..A great dip for us to get into. Get in before this resumes the ride before 15th. Does it really sensibly matter whether you get it at 2.4 or 2.2 when you are going to get almost 1/3 the price Westar gets?(min of about $3.5 to max of $6.75)

Good Luck to ya all !!

*What a sexy day at Wall Street !

Blood Blood Blood, ubiquitous!

What a day? Everybody hates the last three days. I love that. Thanks to uncle Ben , Morgan Stanley’s 14% sell off the next few months and the bonds issue, we got almost 3% fat off Dow Jones!

So what do we have here? Our three picks in the last three days are doing ok. That makes me more bullish on them. I’m still waiting on Google to shed some more off it. Morgan stanley was a good buy both yesterday and today. But if you are greedy and if you want it a bit lower why not wait tomorrow…weekend usually invites more sellers than people who initiate positions. As planned get MS early next week before it takes off like it tried today in the wee hours of the market. The market was selling off one end and MS was such a bull ride for an hour and then people felt the pressure and gave way to the bears. Love the target price rise from Bank of America on our friend Morgan Stanley.

So, why did I say today was a sexy day? I love crammer and his methodologies. That is why I love this week. it’s been a bears run, shorts laughing on bulls. My dad always used to say, ” When an elephant walks on the road, dogs keep barking from the side of the roads” Guys just let them bark and take the weak minded off the train.

My pick of the day is Goldman Sachs GS($220).

Don’t worry about the Fed speach, and the interest rate rises. This one is the best of the breed(Financials). A better play than MS in the long term. If you did not buy MS still. Buy this one. It’s on a dip. They report earnings next week (6/14). Why not play it on earnings? Lets get into GS now and get off board before the Discovery spin off from MS. Howzz that? Great quick flip!!!!

GS - What a stock? I liked it at $230. I love it today on this drop. Uncle Ben’s words have the market take a pit stop after that sprinty lap. I would love to get into GS anywhere below 220. WOW $21.3 earnings per year…giving us a P/E of just around 10 kewl.

If you have the gem already in the portfolio, why not add some tomorrow by mid day. I see another 2$ off and us getting in on with GS.

Good Luck to ya all.

Adarsh.

Note: I ‘m not an authorized/certified money manager or an advisor. This is not an advice or a compulsion asking you or making you to buy the stocks mentioned above. I just give advices. It’s completely under your discretion to buy these stocks. These are just a few picks I’m advising you, decreasing your time to find this from the huge WALL STREET’s ocean. There are many other better plays out there…these are just a few who I like to play as of this moment. I don’t claim to be that kind of guy who beats S & P regularly by some x %. No legal proceedings regarding this can be made, as I never persuade anyone to invest/trade certain stocks.

*My latest stock play - 2

Tell me if my advice helps you in making some money. How about a lunch then? ;) Read on...

HOT SPECULATIVE PLAY:

ENVIRONMENTAL CONTROL CORPORATION:

Environmental Control Corporation: This is a company that makes Emission Control Devices for small Spark Ignition (SI) combustion engines. Typical devices that EVCC deals with are: walk behind rotary mowers, rear engine riding mowers, front engine lawn tractors, riding garden tractors, snow throwers, commercial turf mowers, chainsaws, hand held blowers, backpack blowers, trimmers/brush cutters, mopeds, scooters, snowmobiles, all-terrain vehicles and personal water crafts. They are doing durability testing on the two-stroke, 185cc Rotax engine that began on May 17th, 2007 at Carnot Emission Services (CES). The testing process is expected to take two to four weeks. They did the preliminary tests earlier this year, which were a huge success. That popped the price from $.75 to about $7 a share. I am expecting the news on this test would see a higher pop this time considering that they will be manufacturing them s soon as it gets approved. The only concern till now with this company was financing and monetary support for their invention. Almost forgot to tell you that they hold few patents on the inventory. The finance concerns can be taken off, owing to the latest filings made to SEC and announcements that the company acquired two additional finance prospects summing up to an amount of $75000 and $150,000. The company says it’ll use the financing in the marketing and sales of EVCC's patented catalytic muffler technology and will allow the company to take more aggressive steps in the advancement of its business model.

My Take:

I already own a huge bunch. Looking to grab a few more on any drop. But the good news can be anytime now!!

Ideal buy:

Buy ASAP...may be on a low day like today. Lucky if you can get’em before the news for 1.5. But in my view it shouldn’t matter if you got in at 1.5 or $2 if it pops up to $7 -$10 a share after the news. Good luck to you all !!!!

Note: I 'm not an authorized/certified money manager or an advisor. This is not an advice or a compulsion asking you or making you to buy the stocks mentioned above. I just give advices. It’s completely under your discretion to buy these stocks. These are just a few picks I’m advising you, decreasing your time to find this from the huge WALL STREET’s ocean. There are many other better plays out there...these are just a few who I like to play as of this moment. I don’t claim to be that kind of guy who beats S & P regularly by some x %. No legal proceedings regarding this can be made, as I never persuade anyone to invest/trade certain stocks.